NEGOTIABLE. Capable of being negotiated. Assignable or transferable in the ordinary course of business.
NET LEASE. When the tenant pays certain operating and maintenance expenses in addition to rent. When the tenant pays all expenses in addition to rent.
NET LISTING. A listing which provides that the agent may retain as compensation for his services all sums received over and above a net price to the owner.
NOTE. A signed written instrument acknowledging a debt and promising payment.
NOTICE TO QUIT. A notice to a tenant to vacate rented property.
